Materials Sector Witnessed Buying Pressure: A Quick Look

1 min read | November 11, 2021 08:02 PM NZDT | By Team Kalkine Media

On 11th November 2021, the NZ equity market was influenced by the buying witnessed in the materials sector and selling encountered in the consumer discretionary sector. Notably, NZX 50 Index and NZX 20 Index rose by 0.03% and 0.10%, respectively. On the same day, NZX All Materials rose by 0.89% and NZX All Consumer Discretionary declined by 0.84%.

Major S&P/NZX Indices Movement  

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media

Performance of Indices:

NZX 50 Index closed at 13,026.91, implying ~2.85% rise in the time span of the past 1 year. MidCap Index and SmallCap Index closed at 6,443.98 and 23,272.76 points, respectively.

S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

S&P/NZX 50 Index vs SmallCap Index vs MidCap Index – Performance Over One Year

Source: EODHD/Others

Gainers and Losers:

Mainfreight Limited (NZX: MFT) announced half-year financial results ended 30th September 2021. The company’s revenue amounted to $2.274 billion, which implies a rise of 41.4%.

Gentrack Group Limited (NZX: GTK) rose by 3.28% to NZ$1.890 per share.

Top 5 Gainers and Losers on 11 November 2021

Data Source: NZX, Table Source: Copyright © 2021 Kalkine Media

Movement on Wall Street:

On 10th November 2021, NASDAQ Composite declined by 1.66% to 15,622.71. Notably, Dow Jones Industrials Average fell 0.66% to 36,079.94.

Note: The reference data in this article has been partly sourced from EODHD/Others 


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